Thursday, 3 January 2019

Achieving Success in Stock Market Is Simple – Shri Ramesh Damani

Rotary Club of Bombay West was
delighted to have Shri Ramesh Damani, the Ace Investor and Member of BSE, as a
Guest Speaker at its Meeting held on Wednesday, 2nd January, 2019.

In his presentation 20/20
Looking Back, Looking Forward made to a jam-packed hall at Rotary Service
Centre, Juhu, Shri Damani stressed on starting early the journey of investment in Stock Markets.The compounding effect
for those who start early is huge as compared to those who decide to splurge
their income when they are young and start investments much later in their
career.During the decades since he
started investing in Indian Stock Markets in 1984, so many unsolicited events,
scandals, disasters have occurred leading to markets crashing - like the assassination
of Prime Ministers, Communal Riots, Bomb Blasts, War, Tech Meltdown, Tsunami,
Demonetisation, GST to name a few.To
quote Shri Damani, “India Grows at Night”.Despite all this, the index has seen steady rise over this period giving
a decent Y-o-Y returns to the Investors like no other investment product.India growth story is intact and he was
bullish on the long term prospects.According to him, Indian markets offer greater opportunities to the
investors in the next 20-25 years as compared to the last 20-25 years.

Becoming rich through Stock Market
Investments is Simple.All one
needs to do is, as mentioned earlier, start early, identify businesses which will do well over
the next decade and beyond and spot for specific stocks within that space.Ofcourse, he added that it requires a lot of hard
work to do your own research and pick the winners.